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127 Lytton Ave

Palo Alto, CA 94301
  • $4,998,000
  • STATUS: Active
  • ON SITE: 207 Days
  • ID#: ML81927084
UPDATED: 24 min ago
$4,998,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,325
    SQFT
  • $2,150
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Description

The property has an excellent location one block off University Avenue in downtown Palo Alto. The building is also a short distance from Stanford University, the Stanford Research Park, and Stanford Shopping Center. The building is configured with two tenant spaces. 127 Lytton Avenue is built out with office space and is currently vacant; 129 Lytton Avenue is leased to Darbar Indian Cuisine through April 2024. The site is one-half block from the Palo Alto Caltrain station and Palo Alto Transit Center, making the property easily accessible from public transit. The transit center has connections to VTA, SamTrans, AC Transit, Dumbarton Express, and Stanford Marguerite buses and shuttles. With one space currently vacant and the other on a short-term lease, the building has appeal to owner/users and value-add investors alike. Additionally, the property has the potential to be redeveloped at a higher density with a commercial or mixed-use project.

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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-11-28T16:49:57.823. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
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127 Lytton Ave Palo Alto, CA 94301

  • Price: $4,998,000
  • Status: Active
  • On Site: 207 Days
  • Updated: 24 min ago
  • ID#: ML81927084
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,325
SQFT
$2,150
$/SQFT
1946
Built
Neighborhood:
Downtown Palo Alto
County:
Santa Clara
Area:
Downtown Palo Alto
Property Description
The property has an excellent location one block off University Avenue in downtown Palo Alto. The building is also a short distance from Stanford University, the Stanford Research Park, and Stanford Shopping Center. The building is configured with two tenant spaces. 127 Lytton Avenue is built out with office space and is currently vacant; 129 Lytton Avenue is leased to Darbar Indian Cuisine through April 2024. The site is one-half block from the Palo Alto Caltrain station and Palo Alto Transit Center, making the property easily accessible from public transit. The transit center has connections to VTA, SamTrans, AC Transit, Dumbarton Express, and Stanford Marguerite buses and shuttles. With one space currently vacant and the other on a short-term lease, the building has appeal to owner/users and value-add investors alike. Additionally, the property has the potential to be redeveloped at a higher density with a commercial or mixed-use project.
Exterior Features

Foundation Concrete Slab Garage Parking On Street Roof BitumenElastomeric Sq Ft Yard 0

Interior Features

Cooling Multi-Zone Flooring CarpetLaminateTile Heating Central Forced Air Sq Ft Warehouse 0 Structure Sq Ft 4650

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name PALO ALTO Cross Street Alma Street Facilities Multi-Tenant Building Incorporated Yes Lot Size Area Maximum 4650.00 Meters Separate ElectricSeparate GasSeparate Water Present Use CommercialOffice Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning CD-C (P)Downtown Commercial (Community)

Listing provided courtesy of Joshua Johnson of Marcus & Millichap: 650-391-1784.



© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-11-28T16:49:57.823. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
Website powered by BoomTown.
 
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COMPASS
750 University Ave Suite 150
Los Gatos CA, 95032